Board Meeting Details

The Board of Directors meeting was held on Tuesday, August 11, 2026. The meeting commenced at 3:30 PM and concluded at 4:35 PM.

Financial Results Approval

The Board approved and took on record the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report by the statutory auditor.

Financial Performance Highlights (Quarter Ended June 30, 2026)

Income Statement (₹ in lakh)

  • Revenue from operations (Net of GST): ₹1,551.72 (compared to ₹2,197.18 in Q1 FY26 and ₹2,718.27 in Q4 FY26)
  • Other Income: ₹1.75 (compared to ₹2.07 in Q1 FY26 and ₹74.79 in Q4 FY26)
  • Total Income: ₹1,553.47 (compared to ₹2,199.24 in Q1 FY26 and ₹2,793.05 in Q4 FY26)

Expenses Breakdown (₹ in lakh)

  • Cost of Material consumed: ₹900.05
  • Changes in inventories: (₹75.23) [negative indicating decrease]
  • Employee benefits expense: ₹166.73
  • Finance Cost: ₹44.22
  • Depreciation and amortisation expense: ₹71.54
  • Other expense: ₹383.63
  • Total expenses: ₹1,490.94

Profitability Metrics

  • Profit before tax: ₹62.53 (compared to ₹85.50 in Q1 FY26 and ₹193.25 in Q4 FY26)
  • Tax expense: Not applicable for current quarter
  • Net Profit for the period: ₹62.53 (compared to ₹85.50 in Q1 FY26 and loss of ₹104.99 in Q4 FY26)
  • Total Comprehensive Income: ₹62.53

Capital Structure

  • Paid-up equity share capital: ₹912.96 lakh (Face Value ₹10 per share)
  • Earnings per share (basic): ₹0.68 (compared to ₹0.94 in Q1 FY26 and loss of ₹1.15 in Q4 FY26)
  • Earnings per share (diluted): ₹0.68

Comparative Performance

Year-over-Year Comparison (Q1 FY27 vs Q1 FY26):

  • Revenue declined by 29.4% from ₹2,197.18 lakh to ₹1,551.72 lakh
  • Net profit declined by 26.9% from ₹85.50 lakh to ₹62.53 lakh
  • EPS declined from ₹0.94 to ₹0.68

Exceptional and Extraordinary Items

No exceptional items or extraordinary items were recorded during the quarter.

Auditor Review

The financial results were subjected to limited review by the statutory auditor, R.S. Prabhu & Associates, Chartered Accountants. Their review report identified no material misstatements barring unspecified issues mentioned in their qualification.

Business Context

The company is engaged in the business of manufacturing plastic moulded and extruded articles and PVC Mats.

Availability of Results

The results will be available on the company's website (www.nationalplastic.com) and on the BSE website (www.bseindia.com).